Championship clubs lose almost half a billion pounds chasing Premier League dream

5 June 2019

Wolves
Photo: Getty Images One year ago players of Wolverhampton Wanderers celebrated their promotion to the Premier League. That year Wolves had an operating loss of £64 million - worst in the league.

Champions Wolves lost £64 million as 12 clubs posted losses of over £20 million each.

Only Derby made an operating profit - and only because of controversial stadium sale.

Championship clubs total loss almost half a billion pounds - an increase of 21 per cent compared to 2017.

Richard Jolly contact@offthepitch.com

Only one Championship club made an operating profit in 2017/18 as the division’s cumulative losses amounted to almost half a billion pounds, offthepitch.com figures reveal.

Champions Wolves made the biggest loss, of £64 million, as three clubs announced losses of over £50 million and 12, or half the division, were in the red by more than £20 million.

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